2026150th Anniversary Founding SUMS - Set CTO

Mutual Aid Societies are welfare institutions through which individuals, who are all exposed to the same risk of poverty, illness, or loss of work or income, pool regular contributions in order to provide mutual assistance when someone is struck by a misfortune covered by the scheme. The best system of assistance is one that enables the poor never to need alms – Mutual Aid Societies are the most effective means of achieving this aim; the moral principle that inspires them aims at the rule of reason over instinct, the will prevailing over the passions, and the triumph of personal dignity.